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20130117
20130125
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on hand and when sandy had, the amount paid out exceeded the cash on hand in our existing borrowing authority. so congress has to appropriate almost $9 billion so we could go out and borrow enough money to pay those claims off. who is paying the interest on that? who was ultimately sat with the data if the insurance policies never pay that off? do the taxpayer. you are the insurance come me. it's called the national flood insurance program. you are responsible for that exposure and at the point where fema can no longer borrow enough money for congress cannot find my money, we will build a payer claims that the fault, which means it will come back to you the taxpayer to make up the difference. why was the flood insurance program created in the first place? remember that saying about it might be assigned? from the private sector said the risk and exposure to flooding is greater than our ability to make returns for shareholders. first of all, insurance companies are not evil people. they have a job to do to manage risk in such a way they can provide coverage at a rate which they pay ou
to come in and settle themselves down. super storm sandy, drought on agriculture, wildfires, the earthquake, tsunami, and nuclear reactor accident in japan last year, haiti earthquake, the list is long and worrying. in 20 # 11, we had more disasters in the united states costing more than a billion dollars than ever. in fact, we had more expensive disasters, but not quite as many in 2012. the drought and the super storm were hugely, hugely expensive. disasters are happening with greater frequency, greater severity, and absolutely with many, many greater costs. we ray -- we are here over the next three days to work across traditional boundaries to connect scientists of all stripes with practitioners, with policymakers from the international to the local level with conservation organizations, with cooperations, and it is our belief that only, and i want to emphasize "only" by working together can we solve these challenges that face us. the costs are the just not financial, but as we tragically know, many, many lives are lost in these disasters so if we can come up with just one
themselves down. so super storm sandy in the midwest and impact on agriculture, bodleian flyers, the earthquake, tsunami and it clear reactor accident in japan last year, haiti earthquake. the list is long and worrying. in 2011, we had more disasters in the united states costing over a billion dollars. in fact, even more disasters, but not quite as many in 2012. the drought is super storm are hugely expensive. so disasters are happening with greater frequency, greater severity and absolutely with much, much greater cost. so we are here over the next three days to work across traditional boundaries to connect scientists as part tichenor's, with policymakers from the international to the local level, with conservation organization, with corporations and it is our belief that only, i want to emphasize only by working together can we solve these immense challenges that face us. and the costs are not simply financial, but as we tragically know, and many, many lives are lost in these disasters. and so, if we can come up with just one useful idea in the next three days, the benefit, ev
Search Results 0 to 2 of about 3